WDC EVP Robert Soderbery sold 30,767 shares at $68.01 (10/29/24); stock since down 1.9% in 30d, currently $67.02 vs $80.24 52-week high
EVP & GM Robert Soderbery sold 30,767 shares worth $2,092,519.05 at $68.01 on 2024-10-29, reducing his WDC holdings by 18.5% to 135,398 shares. The stock closed the sale above current price ($67.02) and remains -16.5% from its 52-week high of $80.24, having fallen 1.9% in the 30 days since the sale. His prior two consecutive WDC sales (2023-11-02 and 2023-11-03) were preceded by 90-day declines of 34.7% and 33.1% respectively, establishing a pattern at this specific ticker where his sales have preceded sharper downturns, though his most recent prior WDC sale in June 2024 saw the stock rise 5.9% post-execution. Against mixed fundamentals—WDC posted $135.0M quarterly net income on $3.5B revenue (+5.6% annual growth)—and a company that was unprofitable over its most recent full fiscal year, this sale warrants observation of whether the insider pattern of preceding declines replicates in coming weeks.